000			01583nam a2200229 a 4500
003			OSt
005			20240819162208.0
008			s2004 ii 000 0 eng d
020			_a8175962046
020			_a9788175962040 (hbk)
040			_aNUSCL _cNUSCL
082			_2658.4 JOS 2004
090			_aKB109.23.1 _bGov.Jo 2004
100	1		_aJoshi, Vasudha.
245	1	0	_aCorporate governance : _bthe Indian scenario / _cVasudha Joshi.
260			_aNew Delhi : _bFoundation Books, _cc2004.
300			_aviii, 163 p. ; _c24 cm.
520			_aCorporate governance is part of an economy's system which has today become the most important mechanism for resource allocation. It is affected by capital market, block holders, institutional investors, proxy wars, company law and capital market regulations, and many other macro-economic as well as political factors. Historical evolution of corporate governance naturally has a bearing on current developments. This book is an attempt to weave these factors together coherently. Much of the concerned literature revolves around the agency problem, while in developing countries expropriation of small shareholders is the governance problem. However, shareholder activism is not likely to resolve the issue. Many more measures, from audit committees of the board, rigorous disclosures, exercise of voting rights by institutional investors, strict monitoring by capital market regulator to takeover bids are required to ensure corporate accountability.
650		0	_aCorporate governance
650		0	_aLaw and legislation
942			_2ddc _cBK _n0
999			_c81 _d81